New mortgage lending rules issued by the Central Bank have been criticised by FF for being unfair on families who want to trade up.

Under the measures first time buyers can borrow up to 90% of the value of a home worth up to €220,000.

Other home-buyers however can only borrow up to 80% of a property's value.

Fianna Fail's finance spokesperson Michael McGrath says the limits will force people to stay in unsuitable homes they have outgrown: